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How Much Money Do You Need to Start Forex?
2:04 · 7 chapters · Forex basics, part 3
What you'll learn
How much do you need to start forex? $0 to learn on demo. For real money, here is the 1% maths for $100, $1,000 and $10,000.
Go further with our written guide on this topic, browse all the free Learn Forex lessons, or check today's market in our forex news.
- Key point 1
- Start on a free demo account
- Key point 2
- 1% risk with a 20-pip stop: $100, $1,000 and $10,000 compared
- Key point 3
- Micro and cent accounts for small balances
- Key point 4
- Only money you can afford to lose: never rent money or borrowed money
- Key point 5
- Check the broker is regulated before you deposit
Rules and limits from regulators and official sources; every price, account and chart in the video is an example. Education, not financial advice.
More forex lessons
The video is presented by an animated host with a computer-generated voice; the research and checks are by the FX Recap team. Risk warning: forex and CFD trading carries a high risk of losing money because of leverage, and most retail accounts lose money. This is education and review, not financial advice. FX Recap may earn a commission from some broker links; see our affiliate disclosure.